On 15 September 2008, Lehman Brothers declared bankruptcy. They are alarmed WaMu depositors withdrew $ 16.7 billion from savings and checking their accounts over the next ten days. It is about 10% of the deposits of WaMu means that Federal Deposit Insurance Corporation (FDIC said the bank has not enough money to run the business day-to-day), the government began looking for a buyer. For more information, see Timeline of the 2008 financial crisis.